HSA’s: How You Can Deduct 100% of Your Out-of-Pocket Medical Expenses
Unless you have substantial out of pocket costs, IRS rules make it very difficult to deduct your medical expenses. The reason: If you itemize your deductions, you can deduct your family’s medical costs, but only if those costs exceed 10% of your adjusted gross income. Example: your adjusted gross income is $50,000. You must spend […]
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